GHW International ( (HK:9933) ) has issued an update.
GHW International has issued a positive profit alert, indicating a significant increase in net profit for the year ended December 31, 2024, with an expected net profit of approximately RMB13 million compared to RMB2.7 million in the previous year. This growth is primarily driven by increased gross profits from their chemical products, despite challenges such as currency depreciation, higher logistic costs due to tariffs and geopolitical issues, and increased administrative expenses related to expansion plans.
More about GHW International
GHW International is a company incorporated in the Cayman Islands, operating in the chemical manufacturing industry. The company specializes in producing self-manufactured chemical products such as isooctanoic acid, cardanol, diethyl sulfate, iodine, and iodine derivatives.
YTD Price Performance: -28.30%
Average Trading Volume: 921,964
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.92B
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